Cloud Analytics

Analytics for the New Era of Pervasive Data Intelligence

Here, Now:Cloud Analytics

In today’s data-fueled world, cloud analytics are quickly becoming the new currency for knowing not only what is happening in the organization, but more importantly, why things are happening — as well as what is likely to occur in the future, and what the organization should be doing right now to position for success. In other words, cloud data analytics is the new basis for competing and winning.

Why Cloud Analytics?

Analytics is a $200 billion industry fueled by the speed, scale, and competition of the rising digital economy. Most technology leaders surveyed at large organizations believe that the cloud is the best place to run enterprise-scale analytics. Technology leaders see clear benefits in using the cloud—including faster deployment, better insights, easier user access, cheaper maintenance, and faster innovation. Organizations are bullish; an overwhelming majority of respondents (83 percent) agreed that the cloud is the best place to run analytics—and most said they want all their analytics in the cloud by the year 2023.

Beware of Hype

While cloud enthusiasm is clearly justified, it is important to maintain some perspective. Regardless of where analytics are to be performed, the fundamental purpose of these capabilities does not change with the advent of the cloud.

In other words, the core function of analytics is to drive deeper insight to inform better decisions that improve business outcomes. The mere fact that an organization has analytics in the cloud does not mean the business is any closer to having the best data models to explain the entire operation. Nor does having analytics in the cloud necessarily correlate with having the right, up to-date data on hand to answer hard questions and deliver valid insights.

Teradata believes the ideal analytics platform in the cloud can deliver real-time intelligence leveraging 100 percent of an organization’s data, regardless of scale or volume of queries. With so many available tools to analyze data and such a wide range of choices for how and where to deploy them, the options can seem overwhelming. Beware, not all analytic platform—or deployment methods—are created equal.

Teradata cloud analytics are designed specifically for enterprise customers.

Teradata can help align the right people, technology, and analytics to deliver better business outcomes using a unique combination of strengths:

Optimize Through Every Touchpoint

When it comes to customer experience, acquisition, retention, cross-sell and upsell, Teradata can help. Solutions include delivery of relevant, personalized experiences in real-time; journey influence to align with desired outcomes; and system design to support the complexity and scale needed today and in the future.

Because Chaos is Costly

The chaos typical of modern finance is exacerbated by multiple data sources, data mart proliferation, and business intelligence anarchy. An integrated finance foundation helps companies maintain a single version of the truth and end the costly, time-consuming practice of relying on local, siloed data marts.

Through the power of integrated analytics, the CFO and finance can fully embrace their roles in improving enterprise performance:

For Cradle-to-Grave Traceability

Before improving product lines or accelerating time-to-market, one has to understand what makes products successful—or what causes them to fail. Teradata creates custom solutions to provide visibility and insight into product lifecycles.

Stop Incidents Before They Happen

At some point most businesses will be targeted by cybercrooks or fraudsters. It’s impossible to know when or how they’ll do it, so companies need to be prepared. Even though the threats are real, Teradata customers have access to more risk management defenses than ever before.

The most effective risk mitigation strategies identify and address patterns, trends, and signals that are otherwise invisible:

Asset Optimization via the Internet of Things

Real-time data delivered via sensors is inherent to the Internet of Things (IoT). Combined with business context data, it has the potential to improve productivity, reduce downtime, and improve both asset utilization and effectiveness.

OEMs and end users can use IoT, data, and analytics to drive significant improvements to critical operations:

Revealing Hidden Opportunities

When operational excellence is the goal, visibility is key. Visibility—into supply networks, demand patterns, operations, procurement, manufacturing, sales, and finance functions—reveals the most effective ways to leverage resources and identify the most valuable activities and differentiators.

Operational excellence requires a balance of technological and human capabilities that deliver:

Multiple Consumption and Deployment Options

There are many ways to deploy and use Vantage on an as-a-service basis, including AWS, Azure, GCP, Teradata Cloud, and Customer Cloud. Teradata provisions and manages the environment so customers can focus on answers, not IT.